Mpac Group (LON:MPAC) Stock Price Up 1.1%

Shares of Mpac Group plc (LON:MPAC) shot up 1.1% during mid-day trading on Thursday . The company traded as high as GBX 475 ($6.25) and last traded at GBX 470 ($6.18). 56,144 shares changed hands during trading, a decline of 17% from the average session volume of 67,553 shares. The stock had previously closed at GBX 465 ($6.11).

Wall Street Analysts Forecast Growth

Separately, Shore Capital restated a “house stock” rating on shares of Mpac Group in a research report on Thursday, August 15th.

Mpac Group Price Performance

The company has a debt-to-equity ratio of 23.59, a quick ratio of 1.12 and a current ratio of 1.27. The stock has a market capitalization of £96.21 million, a PE ratio of 3,615.38, a price-to-earnings-growth ratio of 2.04 and a beta of 0.37. The stock’s 50 day moving average is GBX 483.37 and its two-hundred day moving average is GBX 461.26.

Mpac Group Company Profile

Mpac Group plc, together with its subsidiaries, provides packaging and automation solutions to healthcare, clean energy, and food and beverage sectors worldwide. It operates through Original Equipment and Service segments. The company designs, develops, manufactures, and engineers packaging solutions; offers automation and secondary packaging equipment, end-of-line robotic with integrated testing solutions, and at line instrumentation solutions; and designs and integrates packaging systems.